Global Distributed Energy Resource Management system Market to reach USD xxx billion by 2025.
Global Distributed Energy Resource Management system Market valued approximately USD xxx billion in 2017 is anticipated to grow with a healthy growth rate of more than xxx% over the forecast period 2018-2025. The Distributed Energy Resource Management system is developing and expanding at a significant pace. The Distributed energy resource management commonly referred as DERMS allows organizations to manage the distribution grids with a specified range of connected distributed energy generation assets & also capitalizes on the benefits from the distributed resources which includes behind the meter & big utility grade resources. They play a pivotal role in providing to the escalating energy demand. The insufficient power supply by the centralized power systems along with surging prices are anticipated to pave way for the distributed energy generation systems which would be an impactful factor considering the development and growth of distributed energy resource management system market on the global scenario.
On the basis of segmentation, The Distributed energy resource management system market has been segmented into Type and Application. The Type segment is classified into solar PV, wind, Heat & Power, Energy storage and Others. The Energy storage segment is anticipated to the dominating segment considering the growth of Distributed Energy resource management system market. The Application segment is classified into Government & Municipalities, Industrial, Commercial, Residential and Military. The Commercial segment is anticipated to grow with the highest rate considering the forecasted period in the Distributed Energy resource management system market.
The regional analysis of Global Distributed Energy Resource Management system Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the fastest growing region across the world in terms of market share. Whereas, owing to the countries such as China, Japan, and India, Asia Pacific region is anticipated to be the dominating region over the forecast period 2018-2025.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Combined Heat & Power
Government & Municipalities
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
The leading market players mainly include-
GE Grid Solutions
Open Access Technology International Inc
Autogrid Systems Inc
Target Audience of the Global Distributed Energy Resource Management system Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers